Wisconsin native, conservative critic of everything.
"Once abolish the God, and the government becomes the God." ---G K Chesterton
"The only objective of Liberty is Life" --G K Chesterton
"Fallacies do not cease to be fallacies because they become fashions" --G K Chesterton
"A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling

Monday, October 12, 2009

HealthCare and Real Estate

In my view, several pieces of evidence suggest that increases in health care costs might actually moderate significantly, if not decline relative to the GDP, over the next few decades — even without the type of systemic changes proposed in current legislative efforts. As a result, the financing crisis in health care could be much less dire than most people believe. --David Cutler, Harvard guy, quoted in Verum Serum.

2 comments:

J. Strupp
said...

The difference being that real estate and stock prices are based, to a major extent, on human psychology which leads to irrational behavior which leads to bubbles and collapses in the price of each or both assets.